The Technology sector has had a tough few weeks and frankly it’s been long overdue, but with the recent stock market correction, one sector we thought would get a bid in rockier seas, and hasn’t, is Consumer Stables. In fact … Continued
Longtime readers that pay attention to SP 500 earnings know that the typical pattern for the “forward 4-qtr estimate” is that its high print usually occurs the first week of every quarter as the trailing quarter falls off and the … Continued
There has been little mystery to what has worked this year, with the Technology sector within the SP 500 up over 30% on the year and large-cap growth returning in the low 20% range, YTD. This year, not so unusually, … Continued
Thomson Reuters “This Week in Earnings” and Factset’s “Earnings Insight” are available each week to anyone who wants to have a look at the raw data. This week, with Q1 ’16 almost entirely reported and now companies reporting their May … Continued
Per Thomson Reuters “This Week in Earnings” the forward 4-quarter estimate for the SP 500 fell slightly this week to $123.61 versus last week’s $123.93. The p.e ratio on the forward estimate is now 17(x). The PEG ratio is now … Continued